Company XYZ wants to prepare its Cash Flow Statement for the year ended December 31, 2023, using the direct method. They provide you with the following information:

• Cash collected from customers: $150,000
• Cash paid to suppliers: $80,000
• Cash paid for operating expenses: $50,000
• Interest received: $5,000
• Interest paid: $10,000 Prepare the Cash Flow Statement using the direct method.